COMPLIANCE INFO_2025 - Laserfiche WebLink

Home Browse Search

COMMERCIAL LEASE AGREEMENT Landlord:Surinder Atwal . Tenant: John Leslie JR Saucer&William Marquis SR Johnson Property: 5121 Holiday Dr.Stockton,CA 95207 3 Bays for Auto Repair. Car Wash not included.The office is included. Use:Tenant shall only use leased premises as a Auto repair shop and no other business.Tenant shall provide landlord a copy of City of Stockton business license. Term: Commencement date of March 1,2025 Month to month lease term. Deposit: $2,000.00 due before move-in date Rent: First month $2,000.00/month until December 2025. (at a discounted rate from$3,000.00). Year of 2026 monthly rate will be $2,500.00 at a discounted rate. Year of 2027 monthly rate will be$3,000.00 at a discounted rate. Year of 2028 there will be a 10% increase yearly. Late Charge: Rent is due within 3 days of the 1st of every month. If rent is late or check is returned NSF, $50.00 Late Fee penalty and a $25.00 NSF fee will be added. If rent is not paid within the 60 day period, owner will cancel the lease and take over. Tenant is responsible for his share of common area maintenance expenses.Tenant is also Expenses: responsible for his share of Utility and Services expenses(50%of monthly bill).Tenant share shall be year difference for monthly bills. Landlord will have discounted rate for his determined by year over y vehicle repair. Alterations: Any alterations done by tenant to property shall be the responsibility of tenant.Tenant shall these alterations. Any alterations made shall be left behind by abide by City of Stockton codes forcompressor and tools). Any 2 car lifts, air comp of the tenant. tenants use will be the responsibility tenant even after termination of lease (oincludes the shop owner due d alterations Operating under Business w government require for Bar License. Currently p Auto mative Bar License: Tenant has applied